Report: Apple iPad production remains on track
A new report suggests that production of Apple’s iPad has remained on track, with 600,000-700,000 units expected to ship this month.
According to DigiTimes, Foxconn Electronics has not encountered any serious issues manufacturing the iPad and is still prepared to ship one million units in April.
The report was prompted by claims from an analyst at Canaccord Adams who predicted that initial availability of the device would be limited to just 300,000 units by an "unspecified" production problem.
"The upcoming iPad launch may be somewhat limited as a manufacturing bottleneck has impacted production of Apple's newest device," Peter Misek wrote in a note to investors obtained by AppleInsider.
"An unspecified production problem at the iPad's manufacturer, Hon Hai Precision, will likely limit the launch region to the US and the number of units available to roughly 300K in the month of March, far lower than the company's initial estimate of 1,000K units."
Nevertheless, Misek projected that Apple would sell 1.2 million iPad units in its 2010 fiscal year, with the number rising to 3.5 million in 2011.
"We believe that the only material impact from the iPad delay could come in the form of frustrated consumers and some modest loss of luster for the company's product launch," he added.